What are the things to avoid while trading in forex market?

[Ononivami]

When it comes to Forex trading, There are a lot of things to avoid, First, avoid been too greedy. Greediness would kill you faster than any other thing when it comes to trading forex.

It is correct that a trader need to be very careful and not be too greedy because greediness could result in serious losses . Ultimatel, he should start investing with a very small amount of money.

 

[Mayorla]

It is correct that a trader need to be very careful and not be too greedy because greediness could result in serious losses . Ultimatel, he should start investing with a very small amount of money.

Yes, The number one thing that kills most traders is Greediness. They always want to go above their set target. As a new trader, It is advisable to start with only a small amount of money.

 

[Nomad]

The saying, "don't put your all eggs in one basket" also applies to forex trading, you need to diversify your trading activities by trading different pairs. You also need to minimize the risk by investing on other markets as well.